Canadian Imperial Bank Q4 Adj. EPS $1.59 Beats $1.48 Estimate, Sales $5.461B Beat $5.190B Estimate

Canadian Imperial Bank (NYSE:CM) reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.48 by 7.43 percent. This is a 13.57 percent increase over earnings of $1.40 per share from the same period last year. The company reported quarterly sales of $5.461 billion which beat the analyst consensus estimate of $5.190 billion by 5.22 percent. This is a 12.69 percent increase over sales of $4.846 billion the same period last year.